Arista Networks, Inc. $ANET Shares Acquired by Eventide Asset Management LLC

Eventide Asset Management LLC increased its holdings in Arista Networks, Inc. (NYSE:ANET) by 349.8% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 58,658 shares of the technology company’s stock after buying an additional 45,618 shares during the period. Eventide Asset Management LLC’s holdings in Arista Networks were worth $7,702,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Lighthouse Financial Services Inc. ADV acquired a new position in Arista Networks during the 4th quarter valued at about $1,549,000. Bensler LLC acquired a new position in Arista Networks during the 4th quarter valued at about $6,350,000. QRG Capital Management Inc. boosted its stake in Arista Networks by 6.4% during the 4th quarter. QRG Capital Management Inc. now owns 169,613 shares of the technology company’s stock valued at $22,224,000 after purchasing an additional 10,217 shares during the period. Jefferies Financial Group Inc. boosted its stake in Arista Networks by 59.8% during the 4th quarter. Jefferies Financial Group Inc. now owns 17,621 shares of the technology company’s stock valued at $2,309,000 after purchasing an additional 6,591 shares during the period. Finally, Reaves W H & Co. Inc. acquired a new position in Arista Networks during the 4th quarter valued at about $3,058,000. 82.47% of the stock is owned by institutional investors and hedge funds.

Arista Networks Trading Up 0.1%

Shares of NYSE:ANET opened at $163.38 on Monday. The company has a 50 day moving average of $154.43 and a 200-day moving average of $140.12. The firm has a market cap of $205.73 billion, a P/E ratio of 55.95, a P/E/G ratio of 2.52 and a beta of 1.61. Arista Networks, Inc. has a twelve month low of $85.58 and a twelve month high of $179.80.

Arista Networks (NYSE:ANET) last issued its quarterly earnings results on Tuesday, May 5th. The technology company reported $0.87 earnings per share for the quarter, topping analysts’ consensus estimates of $0.81 by $0.06. The company had revenue of $2.71 billion during the quarter, compared to analyst estimates of $2.62 billion. Arista Networks had a net margin of 38.32% and a return on equity of 30.10%. The business’s revenue for the quarter was up 35.1% compared to the same quarter last year. During the same period in the prior year, the business posted $0.65 EPS. Arista Networks has set its Q2 2026 guidance at 0.880-0.880 EPS. Equities research analysts forecast that Arista Networks, Inc. will post 3.27 EPS for the current year.

Key Arista Networks News

Here are the key news stories impacting Arista Networks this week:

• Positive Sentiment: An analyst raised Arista Networks’ price target, helping fuel the stock’s recent climb and reinforcing optimism around the company’s outlook. Why Arista Networks Stock Flew More Than 4% Higher on Friday
• Positive Sentiment: Arista rolled out its 7060XE7 Series Ethernet platforms, with faster speeds and up to 100 Tbps switching capacity, which could support rising AI infrastructure spending and strengthen future demand. Can Arista’s Advanced Networking Platform Meet the Growing AI Demand?
• Positive Sentiment: Erste Group Bank boosted its FY2027 EPS estimate for Arista to $4.00 from $3.95, signaling improved long-term earnings expectations. MarketBeat Arista Networks article
• Neutral Sentiment: Broader market volatility tied to AI spending concerns, interest rates, and economic growth may be influencing trading across tech stocks, including Arista. The Stock Market Is Getting Volatile—Finally. What to Put on Your Buy List.
• Neutral Sentiment: A report noted that Arista co-founder Andreas Bechtolsheim sold 220,000 shares, which can draw attention but does not by itself confirm a change in the business outlook. Andreas Bechtolsheim Sells 220,000 Shares of Arista Networks (NYSE:ANET) Stock

Insider Buying and Selling

In related news, CEO Jayshree Ullal sold 13,809 shares of the business’s stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $155.04, for a total value of $2,140,947.36. Following the sale, the chief executive officer directly owned 9,917 shares in the company, valued at $1,537,531.68. The trade was a 58.20% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Chantelle Yvette Breithaupt sold 2,448 shares of the business’s stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $157.00, for a total transaction of $384,336.00. Following the completion of the sale, the chief financial officer owned 64,408 shares in the company, valued at $10,112,056. The trade was a 3.66% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 2,401,747 shares of company stock worth $388,633,539. Company insiders own 2.70% of the company’s stock.

Analyst Ratings Changes

ANET has been the subject of a number of analyst reports. TD Cowen reissued a “buy” rating and set a $200.00 target price (up from $170.00) on shares of Arista Networks in a research note on Wednesday, May 6th. Citigroup reduced their target price on shares of Arista Networks from $176.00 to $173.00 and set a “buy” rating for the company in a research note on Wednesday, May 6th. Wolfe Research reissued an “outperform” rating and set a $175.00 target price on shares of Arista Networks in a research note on Wednesday. Rosenblatt Securities boosted their target price on shares of Arista Networks from $180.00 to $210.00 and gave the company a “buy” rating in a research note on Wednesday, May 6th. Finally, Needham & Company LLC reissued a “buy” rating and set a $185.00 target price on shares of Arista Networks in a research note on Wednesday, May 6th. Two research analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus target price of $186.47.

About Arista Networks

Arista Networks, Inc is a technology company that designs and sells cloud networking solutions for large-scale data centers and enterprise environments. The company is best known for its high-performance switching and routing platforms, which are used to build scalable, low-latency networks for cloud service providers, internet companies, financial services, telecommunications, and enterprise IT. Arista’s offerings emphasize programmability, automation and telemetry to support modern, software-driven network architectures.

Central to Arista’s product portfolio is its Extensible Operating System (EOS), a modular network operating system that provides consistent programmability, stateful control and advanced visibility across the company’s hardware platforms.